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After finishing at $15.36 in the prior trading day, Comstock Resources, Inc (NYSE: CRK) closed at $15.48, up 0.78%. In other words, the price has increased by $0.78 from its previous closing price. On the day, 1.73 million shares were traded. CRK stock price reached its highest trading level at $15.85 during the session, while it also had its lowest trading level at $15.44.
Ratios:
Our goal is to gain a better understanding of CRK by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.60 and its Current Ratio is at 0.60. In the meantime, Its Debt-to-Equity ratio is 1.32 whereas as Long-Term Debt/Eq ratio is at 1.31.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Mizuho on December 16, 2024, Upgraded its rating to Neutral and sets its target price to $18 from $10 previously.
On October 28, 2024, BofA Securities started tracking the stock assigning a Buy rating and target price of $14.
Siebert Williams Shank Downgraded its Hold to Sell on October 15, 2024, while the target price for the stock was maintained at $9.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 18 ’24 when Davis Elizabeth B bought 70,000 shares for $16.22 per share.
Arkoma Drilling, L.P. bought 1,044,200 shares of CRK for $11,657,658 on Aug 23 ’24. The 10% Owner now owns 207,627,746 shares after completing the transaction at $11.16 per share. On Aug 26 ’24, another insider, Arkoma Drilling, L.P., who serves as the 10% Owner of the company, bought 592,246 shares for $11.54 each. As a result, the insider paid 6,836,473 and bolstered with 208,219,992 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CRK now has a Market Capitalization of 4524199936 and an Enterprise Value of 7608386560. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.50 while its Price-to-Book (P/B) ratio in mrq is 1.97. Its current Enterprise Value per Revenue stands at 5.863 whereas that against EBITDA is 11.492.
Stock Price History:
Over the past 52 weeks, CRK has reached a high of $17.79, while it has fallen to a 52-week low of $7.07. The 50-Day Moving Average of the stock is 13.11%, while the 200-Day Moving Average is calculated to be 39.56%.
Shares Statistics:
The stock has traded on average 2.14M shares per day over the past 3-months and 2266000 shares per day over the last 10 days, according to various share statistics. A total of 292.26M shares are outstanding, with a floating share count of 77.48M. Insiders hold about 73.49% of the company’s shares, while institutions hold 31.78% stake in the company. Shares short for CRK as of 1732838400 were 24696041 with a Short Ratio of 11.56, compared to 1730332800 on 25469660. Therefore, it implies a Short% of Shares Outstanding of 24696041 and a Short% of Float of 26.97.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.008138021
